£164,450
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Oct 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£165,000 | 24 Oct 2022 |
£87,770 | 10 Apr 2013 |
£205,000 | 6 Jan 2006 |
£69,950 | 19 Dec 2001 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in October 2022 the House Price Index for CUMBRIA was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £165,000 results in an estimated price of approximately £164,450.
24 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 149.7 | -0.333 % | £165,000 | £-549 | £164,450 |
The Postcode Pricing Model uses changes in average sales price within the CA11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 73.004 % | £120,457 | £285,457 |
3 Month Average | 4.546 % | £7,501 | £172,501 |
6 Month Average | -1.240 % | £-2,045 | £162,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £350,779 | £340,000 | 8 FIELD HOUSE GARDENS |
25 Nov 2022 | £67,684 | £68,000 | 94 SCOTLAND ROAD |
24 Oct 2022 | £164,451 | £165,000 | 2 DROVERS LANE |
9 Jun 2022 | £92,732 | £90,750 | 14 SCOTLAND ROAD |
22 Apr 2022 | £150,426 | £145,000 | 103 SCOTLAND ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Oct 2020. Using an estimated price of £164,451 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on DROVERS LANE is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Local resolution | On or near Petrol Station |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
Aug 2024 | Drugs | Awaiting court outcome | On or near Petrol Station |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cross Lane |